Hitachi Constr (OTCMKTS:HTCMY) Shares Gap Down – Should You Sell?

Hitachi Constr (OTCMKTS:HTCMY) shares gapped down prior to trading on Monday. The stock had previously closed at $72.60, but opened at $67.7782. Hitachi Constr shares last traded at $67.7782, with a volume of 770 shares trading hands.

Hitachi Constr Price Performance

The company has a market capitalization of $7.29 billion, a PE ratio of 12.35 and a beta of 0.55. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.71 and a quick ratio of 0.76. The company’s 50 day simple moving average is $70.81 and its 200 day simple moving average is $68.70.

Hitachi Constr (OTCMKTS:HTCMY) last issued its quarterly earnings data on Thursday, July 30th. The company reported $1.65 earnings per share for the quarter. The business had revenue of $2.07 billion during the quarter. Hitachi Constr had a net margin of 6.31% and a return on equity of 9.54%.

Hitachi Constr Company Profile

Hitachi Construction Machinery Co, Ltd. develops, manufactures, sells, and services construction and mining equipment. Its product portfolio includes hydraulic excavators, wheel loaders, dump trucks, and other machinery used in infrastructure development, building construction, quarrying, and resource extraction. The company also provides replacement parts, maintenance, refurbishment, equipment rentals, and related support services.

The company serves customers through a global network spanning Japan, Asia, Oceania, North America, Latin America, Europe, Africa, and the Middle East.